Severance is very expensive for Humana

At first I was very concerned about getting laid off. But.. I have been here a few years... and suddenly realized what the severance package would give me. I agree that going through layoffs with severance is very expensive for Humana and probably not something they will offer in the future.

So I suddenly was hoping for a letter today... and making plans for the 6 months that would be covered. I am sorry for those who are leaving and were wanting to stay.

My heart breaks for the financial issues this might create for some of you. But in the long run.....you may be better off than those of us who are staying.

Comment! It's anonymous!

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So for the under a year person: (I think):

Severance pay will typically be calculated at a rate equal to two weeks of annual base salary, based on the associate's current regularly scheduled biweekly hours, for every year of completed service, with a minimum of four weeks and a maximum of 52 weeks of pay.

What about those of us who have been there for less than a year? I’m about nine months

All whom have worked at least 1 year will get severance

2 weeks for every year of service

Is there severance with this layoff

someone reposted.

good points, nonetheless.

Wasn’t this posted already?

Thread regarding Humana Inc. layoffs

Severance is very expensive for Humana

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